Sony PlayStation Vita
The argument can be made that dedicated portable gaming machines are on the way out, but if they are, they're going down swinging. Take the Sony PlayStation Vita ($250) for example. This replacement for the PSP features a five-inch, 960x544 OLED multi-touch screen, a quad-core ARM Cortex A9 processor, built-in stereo speakers, microphone, front and rear cameras, a six-axis motion sensing system, compass, Wi-Fi, optional 3G and GPS, a multi-touch pad on the rear, Bluetooth, a memory card slot for expansion, and all the controls you could want, including dual analog sticks, the classic PlayStation action buttons, and shoulder buttons.